The Varied Costs of Catastrophe

Andrew Revkin notes on Dot Earth that the costs of an enormous earthquake in Indonesia, and in Japan are measured very differently.  In Indonesia (or alternatively, Haiti) the cost is measured in human lives.  More than 200,000 dead, but only $14 billion.  In Japan, there’s a tenfold difference.  ~20,000 dead, but $300 billion.  I can’t help but think this says something about the morality of our global economy.  What, I’m not quite sure.